Advanced Supply Management Operations (ASMO), a JV between logistics major DHL and Saudi oil giant Aramco through the Saudi Aramco Development Company, has signed 16 strategic deals with leading companies to expand collaborations in the energy, chemicals, refining, industrial, healthcare, and aviation sectors.

 

A first-of-its-kind procurement and supply chain services hub in Saudi Arabia catering to the region’s energy, chemical, and industrial sectors, ASMO said the deal with multinational technology providers is aimed at advancing its vision to be a supply chain market leader in the Mena region.

 

The company launched earlier this year to meet the energy, chemical, and industrial sectors' complex end-to-end supply chain and procurement demands.

 

Also, ASMO signed agreements worth over SAR300 million ($81 million) with Aramco Digital, SAP, and Oracle to accelerate its digital transformation and drive operational excellence across the supply chain and procurement landscape in Saudi Arabia. 

 

The 16 MoUs aim to identify opportunities to create value, drive efficiencies across supply chain operations, and support growth. These are:

 

*In the chemical and refining sectors, ASMO signed deals with Luberef, Rabigh Refining and Petrochemical Co (Petro Rabigh), Saudi Aramco Jubail Refinery Company (Sasref), Saudi Aramco Total Refining and Petrochemical Company (Satorp), and Yanbu Aramco Sinopec Refining Company (Yasref).

*In the energy sector, MoUs have been signed with Baker Hughes, Cameron Al-Rushaid, Halliburton, Schlumberger Middle East (SLB), and Weatherford.

*In the global manufacturing sector, MoUs have been signed with ArcelorMittal, Jubail Energy Services Company (JESCO), Tenaris, and Vallourec.

*In the aviation and healthcare sectors, MoUs have been signed with Aloula Aviation and Johns Hopkins Aramco Healthcare (JHAH).

 

"Today, I am proud to announce our strategic partnerships that are in line with Vision 2030 objectives and contribute to the kingdom’s economic growth by creating a more resilient, efficient, and sustainable supply chain ecosystem," said its Chairman Salem Al Huraish at the signing ceremony held at its new headquarters in Dammam.

 

An eight-floor, LEED-certified facility, the new headquarters is anticipated to accommodate over 1,200 employees. 

 

"ASMO’s strategic partnerships with leading technology providers will enable it to leverage innovative technologies and solutions to optimise its supply chain services, finance, and HR operations," he noted.

 

"Through collaborations with Aramco Digital, SAP, and Oracle, ASMO will implement advanced ERP systems, procurement control towers, and B2B eMarketplace to enhance decision-making, asset utilization, and operational efficiency. These partnerships aim to streamline planning and procurement functions, automate finance and HR processes, and improve overall productivity and employee experience," he added.-TradeArabia News Service